Editorial disclosure: CardRewards.ai is an independent comparison service. Our analysis is based on publicly available card data and is reviewed regularly by our editorial team. Card issuers do not influence our rankings or content. Last updated: May 2026.

DISCOVER

Discover it Balance Transfer

Name: Discover it Balance Transfer
Brand: Discover
Availability: InStock

Annual Fee

At a Glance

Annual Fee

Authorized User Fee

Foreign Transaction Fee

Network

—

Point Valuation

1–1 cpp (mid: 1)

Credit Required

Good to Excellent

Benefits & Perks

Insurance & Protections

Instantly freeze your account from the app

Stop new transactions instantly through the Discover app if your card is lost or compromised

$0 fraud liability—never pay for unauthorized charges

Complete protection from fraudulent charges with zero liability for unauthorized transactions

$0 fraud liability on unauthorized purchases

Never responsible for unauthorized purchases. Discover monitors every transaction and alerts you of suspicious activity.

Program & Transfers

Cash Back Rewards

View Program

Currency: Cash back dollars

Point Value: 1 cpp

Range: 1–1 cpp

Reviews & Analysis

Pros and Cons

Pros

+Industry-leading 18-month 0% intro APR on balance transfers
+6-month 0% intro APR on purchases
+No annual fee
+Cashback Match doubles all cash back earned in the first year
+No late payment fee on first occurrence
+No foreign transaction fees
+Free FICO credit score and SSN monitoring
+Virtual card numbers for secure online shopping

Cons

-Only 1% cash back on all purchases (lower than category cards)
-3% balance transfer fee applies
-Discover network has more limited merchant acceptance than Visa/Mastercard

Details & Terms

Payment Terms

Purchase APR	17.49%–26.49% (Variable)
Cash Advance APR	28.49% (Variable)
Foreign Transaction Fee	$0
Authorized User Fee	$0

Media & Resources

Evidence Sources

Source	Date	URL
—	—	View source
—	—	View source

Explore More

See all Discovercards →Browse all card categories →Browse all card benefits →Browse all credit cards →

DISCOVER

Discover it Balance Transfer

Annual Fee

At a Glance

Annual Fee

Authorized User Fee

Foreign Transaction Fee

Network

—

Point Valuation

1–1 cpp (mid: 1)

Credit Required

Good to Excellent

Benefits & Perks

Insurance & Protections

Instantly freeze your account from the app

Stop new transactions instantly through the Discover app if your card is lost or compromised

$0 fraud liability—never pay for unauthorized charges

Complete protection from fraudulent charges with zero liability for unauthorized transactions

$0 fraud liability on unauthorized purchases

Never responsible for unauthorized purchases. Discover monitors every transaction and alerts you of suspicious activity.

Program & Transfers

Cash Back Rewards

View Program

Currency: Cash back dollars

Point Value: 1 cpp

Range: 1–1 cpp

Reviews & Analysis

Pros and Cons

Pros

+Industry-leading 18-month 0% intro APR on balance transfers
+6-month 0% intro APR on purchases
+No annual fee
+Cashback Match doubles all cash back earned in the first year
+No late payment fee on first occurrence
+No foreign transaction fees
+Free FICO credit score and SSN monitoring
+Virtual card numbers for secure online shopping

Cons

-Only 1% cash back on all purchases (lower than category cards)
-3% balance transfer fee applies
-Discover network has more limited merchant acceptance than Visa/Mastercard

Details & Terms

Payment Terms

Purchase APR	17.49%–26.49% (Variable)
Cash Advance APR	28.49% (Variable)
Foreign Transaction Fee	$0
Authorized User Fee	$0

Media & Resources

Evidence Sources

Source	Date	URL
—	—	View source
—	—	View source

Explore More

See all Discovercards →Browse all card categories →Browse all card benefits →Browse all credit cards →

DISCOVER

Discover it Balance Transfer

Annual Fee

At a Glance

Annual Fee

Authorized User Fee

Foreign Transaction Fee

Network

—

Point Valuation

1–1 cpp (mid: 1)

Credit Required

Good to Excellent

Benefits & Perks

Insurance & Protections

Instantly freeze your account from the app

Stop new transactions instantly through the Discover app if your card is lost or compromised

$0 fraud liability—never pay for unauthorized charges

Complete protection from fraudulent charges with zero liability for unauthorized transactions

$0 fraud liability on unauthorized purchases

Never responsible for unauthorized purchases. Discover monitors every transaction and alerts you of suspicious activity.

Program & Transfers

Cash Back Rewards

View Program

Currency: Cash back dollars

Point Value: 1 cpp

Range: 1–1 cpp

Reviews & Analysis

Pros and Cons

Pros

+Industry-leading 18-month 0% intro APR on balance transfers
+6-month 0% intro APR on purchases
+No annual fee
+Cashback Match doubles all cash back earned in the first year
+No late payment fee on first occurrence
+No foreign transaction fees
+Free FICO credit score and SSN monitoring
+Virtual card numbers for secure online shopping

Cons

-Only 1% cash back on all purchases (lower than category cards)
-3% balance transfer fee applies
-Discover network has more limited merchant acceptance than Visa/Mastercard

Details & Terms

Payment Terms

Purchase APR	17.49%–26.49% (Variable)
Cash Advance APR	28.49% (Variable)
Foreign Transaction Fee	$0
Authorized User Fee	$0

Media & Resources

Evidence Sources

Source	Date	URL
—	—	View source
—	—	View source

Explore More

See all Discovercards →Browse all card categories →Browse all card benefits →Browse all credit cards →

Free monthly FICO credit score

Get your FICO Credit Score free on monthly statements and online, updated monthly with no credit impact.

Show all 6 protections

Free monthly FICO credit score monitoring

Track your credit health with a free FICO score updated monthly in your Discover account

Instant account freeze and unfreeze

Freeze your account instantly to block new purchases if your card is lost. Unfreeze just as quickly when found.

-No bonus categories for elevated earning

-Variable APR of 17.49%-26.49% after intro period ends

-Cash advance APR is high at 28.49%

Who It's Best For

Best For

✓People with existing credit card debt looking to save on interest
✓Those who can pay off a balance within 18 months
✓Cardholders who want to earn cash back while paying down debt
✓People who want a long 0% intro APR period with no annual fee

Not Ideal For

✗Heavy everyday spenders (only 1% back on all purchases)
✗Those seeking rotating 5% bonus categories (Discover it Cash Back is better)
✗International travelers (Discover has limited acceptance abroad)
✗People who want premium rewards without carrying a balance

Free monthly FICO credit score

Get your FICO Credit Score free on monthly statements and online, updated monthly with no credit impact.

Show all 6 protections

Free monthly FICO credit score monitoring

Track your credit health with a free FICO score updated monthly in your Discover account

Instant account freeze and unfreeze

Freeze your account instantly to block new purchases if your card is lost. Unfreeze just as quickly when found.

-No bonus categories for elevated earning

-Variable APR of 17.49%-26.49% after intro period ends

-Cash advance APR is high at 28.49%

Who It's Best For

Best For

✓People with existing credit card debt looking to save on interest
✓Those who can pay off a balance within 18 months
✓Cardholders who want to earn cash back while paying down debt
✓People who want a long 0% intro APR period with no annual fee

Not Ideal For

✗Heavy everyday spenders (only 1% back on all purchases)
✗Those seeking rotating 5% bonus categories (Discover it Cash Back is better)
✗International travelers (Discover has limited acceptance abroad)
✗People who want premium rewards without carrying a balance

Free monthly FICO credit score

Get your FICO Credit Score free on monthly statements and online, updated monthly with no credit impact.

Show all 6 protections

Free monthly FICO credit score monitoring

Track your credit health with a free FICO score updated monthly in your Discover account

Instant account freeze and unfreeze

Freeze your account instantly to block new purchases if your card is lost. Unfreeze just as quickly when found.

-No bonus categories for elevated earning

-Variable APR of 17.49%-26.49% after intro period ends

-Cash advance APR is high at 28.49%

Who It's Best For

Best For

✓People with existing credit card debt looking to save on interest
✓Those who can pay off a balance within 18 months
✓Cardholders who want to earn cash back while paying down debt
✓People who want a long 0% intro APR period with no annual fee

Not Ideal For

✗Heavy everyday spenders (only 1% back on all purchases)
✗Those seeking rotating 5% bonus categories (Discover it Cash Back is better)
✗International travelers (Discover has limited acceptance abroad)
✗People who want premium rewards without carrying a balance